2420 Hilton AveAshlandKY41101
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Ashland at 2420 Hilton Ave, Ashland, KY, 41101 generates $2,896/mo in rent and, after a $587/mo payment, leaves $2,166/mo in cash flow. Total monthly income is $2,896/mo, and annual cash flow is $25,992/yr on $39,780 invested. Return on cash invested sits at 85.25% in year one, and rental yield is 28.96% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 453.05% and total cumulative return in cash sums $180,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,896/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41101, Ashland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,902 (100%) |
| Owner Occupied HU | 4,399 (49.4%) |
| Renter Occupied HU | 3,299 (37.1%) |
| Vacant Housing Units | 1,204 (13.5%) |
| Median Home Value | $135,181 |
| Average Home Value | $173,053 |
Housing Distribution
Address Breakdown
Residential
8,221
Single Family
7,758
Multi-Family
463
Businesses
1,132
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Listed by: Kelly McIntosh • Ross Real Estate Services
Mls Name: AABR
Mls Provider:
Mls ID: #58878
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.